Does a Wood Burning Stove add to the Value of my Home?

Fashion comes around in cycles. It wasn’t that long ago when homeowners were ripping out fireplaces and blocking chimney breasts in favour of clean, flat walls.

The mentality that led to this brutal whitewash of features was that homes were moving forward into the future – out with smoky wood-burning fireplaces and in with underfloor heating and compact radiators. To the people of the 1960s, this is what modernity looked like.

Now, in the new century, a younger generation of homeowners is pulling up carpets and peeling off plywood, hopeful that they’ll glimpse an original feature hidden away.

Fireplaces are among the biggest trends to have come back into fashion. Estate agents rub their hands when they see an “original fireplace” or “traditional surround” – these are the features that make a quick house sale. 

Another trend is the wood-burning stove, which has been massively popular in the past decade. They offer a contemporary way to enjoy a real fire in a safer, contained setting. Installing these requires some labour, and prices vary. When you finally decide to install, is it a worthwhile investment?

Installing a wood-burning stove is one of the most cost-effective upgrades you can make to a home and offers the highest payback. Estate agents estimate that a wood stove can add around 5% on to the value of the house. Given the average UK house price is around £205,000, a burner could add another £10,000 to your home’s value.

Prices on wood stoves vary. The cost depends on the state of the chimney flue, the style of burner and the cost of labour to install it. However, it cannot only add value to your home but also dramatically reduce energy bills.

Many homeowners report that their gas and electric bills have decreased by 25%. An average household is expected to save around £300 a year by using a burner for heat rather than switching on the central heating.

Wood-burning stove owners also love the aesthetic aspect of our installations. The stove creates a warm, cosy, and contemporary feel in the home and a certain ambience, particularly on cold winter evenings.

If you’re interested in how a wood-burning stove could benefit you, contact us at 01942 607 250 or here.